Press Release

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Global Environmental News from all around the World (June 17, 2002)

Date:
2002-06-17
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5,381

The Government of Canada will held national consultations before deciding to ratify the Kyoto Protocol. The Government of Canada published a discussion paper which presents four options for addressing Canada's climate change policies. Among these options, a preferred approach will be identified the first consultations based on this document and a draft plan developed over the summer. The second consultations on that plan will take place in fall 2002. The followings are the four options from the discussion paper. Option 1: "Broad As Practical Domestic Emissions Trading" This system would require fossil fuel suppliers to hold permits equivalent to the carbon dioxide emissions resulting from the combustion of the fossil fuels they sell. Option 2: "All Targeted Measures" The second option would use policy instruments for achieving climate change commitments, including incentives, covenants, regulations, etc. Option 3: "Mixed Approach-Large Final Emitter Domestic Emissions Trading" Permits would be allocated to "Large Final Emitters" and the permit requirement would be applied directly to emissions, rather than to the fossil fuels whose combustion leads to emissions. Option 4: "Adjusted Mixed Approach" Permits would be offered to businesses but the allocation would involve consideration of a sector's capacity to reduce emissions at reasonable cost, and by ensuring that growing firms would see their permit allocation also grow. This discussion paper agreed to achieve Canada's climate change goal under the Kyoto Protocol. At the same time, it also stressed remaining competitive in the global marketplace especially vis-a-vis the United States. State Oceanic Administration (SOA) of the People's Republic of China announced that it would launch a network of oceanic satellites to form its own stereoscopic observation system by 2010 to monitor the ocean's environment. China already launched the HY-1 in May 15 2002, and also plans to send a series of satellites to monitor the dynamic environment of oceans around 2005, and several satellites focusing on the comprehensive oceanic environment are scheduled for 2010. The satellites will also monitor pollution, particularly contamination caused by oil spills that will aid in mitigating disasters, according to China Daily on June 7, 2002.